4113 G StPhiladelphia, PA 19124

Property Details for 4113 G St

Year built

2015

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.97 AC

Property size (Sq ft)

9,206 SF

Zone code

I2

Property type

Retail space

APN

88-2-1640-20

APU

882164020

Description

This exceptional investment opportunity presents a fee-simple ownership of a 9,026 square foot retail property located at 4116 G St, Philadelphia, PA 19124. The property is currently 100% occupied by a portfolio of Dollar General, Dollar Tree, and Family Dollar stores under an absolute NNN lease with a credit-rated corporate guarantee. The lease boasts a remaining term of six years with six, five-year renewal options, each including a 10% rent increase. A significant 10% rent bump is also scheduled for 2025. The current lease expires September 30, 2030. The property features a 7.85% cap rate and a net operating income (NOI) of $201,576. Built in 2015, this upgraded brick building sits on a 0.97-acre lot in a dense retail corridor with high traffic counts exceeding 26,183 vehicles per day. Nearby national tenants include CVS, Marshalls, Pep Boys, and numerous other well-known brands. The property benefits from its proximity to Philadelphia International Airport and St. Christopher's Hospital for Children. The surrounding area boasts approximately 928,428 residents within a five-mile radius, with an average household income exceeding $348,059. This property offers a compelling combination of strong tenant occupancy, a favorable lease structure, and a prime location within a thriving market. The asking price is $2,567,847.

• CAP approach

  CAP return

  Valuation

  6%

  $2,570,322

  6.5%

  $2,372,605

  7%

  $2,203,134

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,031,197

  Geo Method

  $3,031,197

• Alternative Use

  Use

  Valuation

  Residential

  $2,001,381

  Hospitality

  $1,833,254

  Educational

  $1,525,246

  Medical

  $1,577,702

  Retail

  $2,372,605

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.011

Longitude

-75.1117

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].